Ethereum price gained 4% in 24 hours, Price touches $238. ETH holders must hold it for some more time as the price breaks $238 resistance and sentiments seem positive. If Ethereum is able to clear the slowly accumulating sell wall, the prices may have enough energy to overcome $240 and set sail for $250 mark.
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Nope,EThereum will never be an indicator if the Market is bullying or not,because it is Bitcoin that will always be.
and not because there are small pump in this currency meaning market is in good shape again.
Look after weeks of posting this?ETH price starts to fell down again and now struggling to stay at $200+ value.
But it is a good habit of posting here every time that ETH pumped because i also have a holding from this currency.
100% correct, it's still bitcoin which are dictating the market, and the sad reality for altcoins is that they just follow.
Bitcoin owns at least 60% dominance of the whole market, and the rest belong to all altcoins, including ETH, so that would explain a lot already.